Requirements
REQUIREMENTS FOR OPENING YOGLI MOGLI FRANCHISEE
Initial Franchise Fee:......................................................................................................................................................$35,000
(To be paid in lump sum, at the signing of Franchise Agreement to Yogli Mogli Franchise, LLC)
Travel and Living Expenses while Training:............................................................................$1,500 to $3,000
(To be paid as incurred during training for airlines, hotels and restaurants)
Leasehold Improvements:...................................................................................................$70,000 to $90,000
(To be paid as incurred before opening to local vendors)
Furniture, Equipment and Signage:................................................................................$148,000 to $179,000
(To be paid as incurred before opening to local vendors)
Point of Sale System:...................................................................................................................................................$7,000
(To be paid as incurred before opening to local vendors)
Initial Inventory:.......................................................................................................................$8,500 to $9,500
(To be paid as incurred before opening to local vendors)
Legal and Accounting:............................................................................................................$1,000 to $2,500
(To be paid as incurred before opening to local vendors)
Architectural Fees:..................................................................................................................$6,000 to $9,000
(To be paid as incurred before opening to local vendors)
Start up Promotion:...............................................................................................................$5,000 to $10,000
(To be paid as incurred before opening to local vendors)
Miscellaneous Opening Cost:..................................................................................................$1,500 to $2,500
(To be paid as incurred before opening to local vendors)
Security and Lease Deposits:................................................................................................$9,000 to $15,000
(To be paid as incurred before opening to local vendors)
Additional Funds:.................................................................................................................$15,000 to $25,000
(To be paid as incurred before opening to local vendors)
TOTALS..........................................................................................................................$307,500 to $ 387,500
